Who Optimizes SG&A Costs Better? Intel Corporation or Block, Inc.

Optimizing SG&A: A Tale of Two Giants

In the ever-evolving tech landscape, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis pits Intel Corporation against Block, Inc. over a decade, from 2014 to 2023, to see who optimizes these costs better.

Intel, a stalwart in the semiconductor industry, consistently maintained higher SG&A expenses, peaking at approximately $8.4 billion in 2016. However, by 2023, Intel's SG&A expenses decreased by about 33% to $5.6 billion, indicating a strategic shift towards cost efficiency.

Conversely, Block, Inc., a rising fintech star, saw its SG&A expenses skyrocket by over 1,900% from 2014 to 2023, reaching $4.2 billion. This surge reflects Block's aggressive expansion and scaling efforts.

While Intel's reduction in SG&A expenses suggests a focus on streamlining operations, Block's increase highlights its growth trajectory. The contrasting strategies underscore the diverse approaches companies take in optimizing operational costs.